All stories about Management on BoardProspectshttp://news.boardprospects.com/topic/profile/management/All stories about Management on BoardProspectsen-usTue, 14 Aug 2018 10:48:54 -0400Yahoo! FinanceTesla's Slow Disclosure Raises Governance, Social Media Concernshttp://news.boardprospects.com/articles/3216902/tesla-s-slow-disclosure-raises-governance-social-m/(Reuters) - Tesla Inc's (TSLA.O) handling of Chief Executive Elon Musk's proposal to take the carmaker private and its failure to promptly file a formal disclosure has raised governance concerns and sparked questions about how companies use social media...Mon, 13 Aug 2018 21:14:09 -0400http://news.boardprospects.com/articles/3216902/tesla-s-slow-disclosure-raises-governance-social-m/BoardBlogs
<p>(Reuters) - Tesla Inc&rsquo;s (TSLA.O) handling of Chief Executive Elon Musk's proposal to take the carmaker private and its failure to promptly file a formal disclosure has raised governance concerns and sparked questions about how companies use social media...</p>
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Sam Jacobs (feedback@businessinsider.com)Business InsiderBillionaire Carl Icahn Has Changed his Mind on Cigna's $52 Billion Purchase of Express Scriptshttp://news.boardprospects.com/articles/3215908/billionaire-carl-icahn-has-changed-his-mind-on-cig/Carl Icahn has dropped his fight to stop health insurer Cigna's purchase of Express Scripts, a pharmaceutical company. Last week, Icahn said he would try and solicit proxy votes to block the $52 billion deal. Icahn told CNBC that blocking the deal would be impossible and "there's no point in fighting just to fight." Activist investor Carl Icahn has reversed his position on US health insurer Cigna's purchase of pharmaceutical subscription company Express Scripts...Tue, 14 Aug 2018 10:48:54 -0400http://news.boardprospects.com/articles/3215908/billionaire-carl-icahn-has-changed-his-mind-on-cig/BoardNews
<ul>
<li>Carl Icahn has dropped his fight to stop health insurer Cigna&rsquo;s purchase of Express Scripts, a pharmaceutical company.</li>
<li>Last week, Icahn said he would try and solicit proxy votes to block the $52 billion deal.</li>
<li>Icahn told CNBC that blocking the deal would be impossible and "there&rsquo;s no point in fighting just to fight."</li>
</ul>
<p>Activist investor Carl Icahn has reversed his position on US health insurer Cigna&rsquo;s purchase of pharmaceutical subscription company Express Scripts...</p>
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Kate RooneyLeslie Picker, Kate RooneyLeslie PickerCNBC.comActivist Elliott Management Pushes for Outright Sale of Nielsen, Source Sayshttp://news.boardprospects.com/articles/3214932/activist-elliott-management-pushes-for-outright-sa/Elliott, the firm founded and led by billionaire Paul Singer, says it has economic exposure to about 8.4 percent of Nielsen's shares and indicates it intends to push for a sale...Mon, 13 Aug 2018 18:56:48 -0400http://news.boardprospects.com/articles/3214932/activist-elliott-management-pushes-for-outright-sa/BoardNews
<p>Elliott, the firm founded and led by billionaire Paul Singer, says it has economic exposure to about 8.4 percent of Nielsen's shares and indicates it intends to push for a sale...</p>
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Cara Lombardowsj.comActivist Elliott Management to Push Nielsen Holdings to Sellhttp://news.boardprospects.com/articles/3213724/activist-elliott-management-to-push-nielsen-holdin/Activist investor Elliott Management Corp. has taken a big stake in Nielsen Holdings PLC and plans to push the TV-ratings company to sell itself. The New York hedge fund owns more than 8% of Nielsen, worth at least $640 million, people familiar with the matter said Sunday. Elliott, which has been launching campaigns at a blistering pace this year, could unveil the new effort as soon as Monday. Multiple...Mon, 13 Aug 2018 03:45:00 -0400http://news.boardprospects.com/articles/3213724/activist-elliott-management-to-push-nielsen-holdin/BoardNews
<p>Activist investor Elliott Management Corp. has taken a big stake in Nielsen Holdings PLC and plans to push the TV-ratings company to sell itself. The New York hedge fund owns more than 8% of Nielsen, worth at least $640 million, people familiar with the matter said Sunday. Elliott, which has been launching campaigns at a blistering pace this year, could unveil the new effort as soon as Monday. Multiple...</p>
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CNBC.comVecima Adds Derek J. Elder to Board of Directorshttp://news.boardprospects.com/articles/3209578/vecima-adds-derek-j-elder-to-board-of-directors/(GLOBE NEWSWIRE) -- Vecima Networks Inc. ("Vecima" or "the Company") (TSX:VCM) is pleased to announce that it has appointed Mr. Derek J. Elder as a new director to the Company's board effective today. Derek's 25-year career has encompassed a unique blend of operational, strategic and financial leadership roles in both large and small companies...Fri, 10 Aug 2018 21:45:03 -0400http://news.boardprospects.com/articles/3209578/vecima-adds-derek-j-elder-to-board-of-directors/BoardMoves
<p>(GLOBE NEWSWIRE) -- Vecima Networks Inc. (&ldquo;Vecima&rdquo; or &ldquo;the Company&rdquo;) (TSX:VCM) is pleased to announce that it has appointed Mr. Derek J. Elder as a new director to the Company&rsquo;s board effective today. Derek&rsquo;s 25-year career has encompassed a unique blend of operational, strategic and financial leadership roles in both large and small companies...</p>
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Sharenet (Pty) LtdSHARENETAdvisory Firm ISS Backs Cigna's Express Scripts Buyhttp://news.boardprospects.com/articles/3209592/advisory-firm-iss-backs-cigna-s-express-scripts-bu/(Reuters) - Shareholder advisory firm Institutional Shareholder Services Inc (ISS) on Friday recommended that Cigna Corp investors vote for the health insurer's $52 billion purchase of pharmacy benefits manager Express Scripts, a deal that has been opposed by activist investor Carl Icahn...Fri, 10 Aug 2018 17:40:00 -0400http://news.boardprospects.com/articles/3209592/advisory-firm-iss-backs-cigna-s-express-scripts-bu/BoardNews
<p>(Reuters) - Shareholder advisory firm Institutional Shareholder Services Inc (ISS) on Friday recommended that Cigna Corp investors vote for the health insurer's $52 billion purchase of pharmacy benefits manager Express Scripts, a deal that has been opposed by activist investor Carl Icahn...</p>
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Business InsiderRite Aid and Albertsons Have Called Off Their $24 Billion Mergerhttp://news.boardprospects.com/articles/3205960/rite-aid-and-albertsons-have-called-off-their-24-b/Pharmacy chain Rite Aid and grocer Alberstons have called off their $24 billion merger shortly after a shareholder advisory firm opposed the deal. The U.S. grocer had hoped that the deal, which was seen as part of a wave of consolidation in the drug retailing sector, would help Albertsons become a formidable competitor to CVS Health and Walgreens. Rite Aid fell as much as 11% Thursday morning on the news...Thu, 09 Aug 2018 14:03:33 -0400http://news.boardprospects.com/articles/3205960/rite-aid-and-albertsons-have-called-off-their-24-b/BoardNews
<ul>
<li>Pharmacy chain Rite Aid and grocer Alberstons have called off their $24 billion merger shortly after a shareholder advisory firm opposed the deal.</li>
<li>The U.S. grocer had hoped that the deal, which was seen as part of a wave of consolidation in the drug retailing sector, would help Albertsons become a formidable competitor to CVS Health and Walgreens.</li>
<li>Rite Aid fell as much as 11% Thursday morning on the news...</li>
</ul>
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Sharenet (Pty) LtdSHARENETHungry for Growth, Food Makers Seek New Flavor of CEOhttp://news.boardprospects.com/articles/3205290/hungry-for-growth-food-makers-seek-new-flavor-of-c/(Reuters) - PepsiCo Inc's incoming chief executive Ramon Laguarta is the latest of a new generation of leaders tasked with reigniting growth at the world's best-known food and drink brands as they fight back against media-savvy independent rivals...Thu, 09 Aug 2018 05:55:23 -0400http://news.boardprospects.com/articles/3205290/hungry-for-growth-food-makers-seek-new-flavor-of-c/BoardNews
<p>(Reuters) - PepsiCo Inc's incoming chief executive Ramon Laguarta is the latest of a new generation of leaders tasked with reigniting growth at the world's best-known food and drink brands as they fight back against media-savvy independent rivals...</p>
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Michael Selby-GreenBusiness InsiderMorgan Stanley: Big banks like JPMorgan have huge 'key man' riskhttp://news.boardprospects.com/articles/3202725/morgan-stanley-big-banks-like-jpmorgan-have-huge-k/Morgan Stanley analysed "key man" risk, looking at the damage that might be done if an influential CEO suddenly steps down. Asset managers, software companies, and large-cap banks have the highest risk, according to the study. The possible departure of JPMorgan CEO Jamie Dimon was highlighted as significant key man risk in the banking sector. Big banks and software companies are among the most exposed to "key man" risk, according to a recent note from Morgan Stanley...Tue, 07 Aug 2018 11:34:51 -0400http://news.boardprospects.com/articles/3202725/morgan-stanley-big-banks-like-jpmorgan-have-huge-k/BoardNews
<ul>
<li>Morgan Stanley analysed "key man" risk, looking at the damage that might be done if an influential CEO suddenly steps down.</li>
<li>Asset managers, software companies, and large-cap banks have the highest risk, according to the study.</li>
<li>The possible departure of JPMorgan CEO Jamie Dimon was highlighted as significant key man risk in the banking sector.</li>
</ul>
<p>Big banks and software companies are among the most exposed to "key man" risk, according to a recent note from Morgan Stanley...</p>
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news.morningstar.comNovra Technologies Announces Appointment to the Board of Directorshttp://news.boardprospects.com/articles/3191798/novra-technologies-announces-appointment-to-the-bo/WINNIPEG Novra Technologies Inc. ("Novra" or the "Company") (TSX-V: NVI) is pleased to announce the addition of Mr. George (Brian) Eckhardt to the Board of Directors....Wed, 01 Aug 2018 00:00:00 -0400http://news.boardprospects.com/articles/3191798/novra-technologies-announces-appointment-to-the-bo/BoardMoves
<p>WINNIPEG Novra Technologies Inc. ("Novra" or the "Company") (TSX-V: NVI) is pleased to announce the addition of Mr. George (Brian) Eckhardt to the Board of Directors....</p>
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news.morningstar.comAlphaPoint Technology Announces Today the Appointment of Katya Fisher, Esq., to Company's Board of Directorshttp://news.boardprospects.com/articles/3191827/alphapoint-technology-announces-today-the-appointm/AlphaPoint Technology Announces Today the Appointment of Katya Fisher, Esq., to Company's Board of Directors AlphaPoint Technology, Inc. (OTCQB: APPO ) ("AlphaPoint"), a technology holding and enterprise blockchain software application development company, is pleased to announce today the appointment of Katya Fisher, Esq., as a new member of AlphaPoint's Board of Directors...Wed, 01 Aug 2018 00:00:00 -0400http://news.boardprospects.com/articles/3191827/alphapoint-technology-announces-today-the-appointm/BoardMoves
<p>AlphaPoint Technology Announces Today the Appointment of Katya Fisher, Esq., to Company&rsquo;s Board of Directors AlphaPoint Technology, Inc. (OTCQB: APPO ) (&ldquo;AlphaPoint&rdquo;), a technology holding and enterprise blockchain software application development company, is pleased to announce today the appointment of Katya Fisher, Esq., as a new member of AlphaPoint&rsquo;s Board of Directors...</p>
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Thomas FranckCNBC.comUBS Asset Management's Harford says she's Changed her Mind on ESG investinghttp://news.boardprospects.com/articles/3191707/ubs-asset-management-s-harford-says-she-s-changed-/UBS Asset Management's head of investments Suni Harford said she's changed her mind on environmental, social and governance (ESG) governance when it comes to managing money...Wed, 01 Aug 2018 21:09:14 -0400http://news.boardprospects.com/articles/3191707/ubs-asset-management-s-harford-says-she-s-changed-/BoardNews
<p>UBS Asset Management's head of investments Suni Harford said she's changed her mind on environmental, social and governance (ESG) governance when it comes to managing money...</p>
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businesswire.comWilliams Appoints Vicki Fuller to Board of Directorshttp://news.boardprospects.com/articles/3190107/williams-appoints-vicki-fuller-to-board-of-directo/BUSINESS WIRE)--The Williams Companies, Inc. (NYSE: WMB) ... the Company's long history of strong, independent corporate governance .".Tue, 31 Jul 2018 01:00:00 -0400http://news.boardprospects.com/articles/3190107/williams-appoints-vicki-fuller-to-board-of-directo/BoardMoves
<p>BUSINESS WIRE)--The Williams Companies, Inc. (NYSE: WMB) ... the Company's long history of strong, independent corporate governance .&rdquo;.</p>
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Emily ChasanGerrit De VynckBloombergFacebook Dive Sparks Investor Calls to Loosen Zuckerberg's Griphttp://news.boardprospects.com/articles/3183286/facebook-dive-sparks-investor-calls-to-loosen-zuck/Facebook Inc. has always had one absolute leader, cemented by a share class structure that maintained Mark Zuckerberg's voting control even when he sold millions of shares. Some investors grumbled, but most were happy to stay quiet as the stock surged. This week's plunge upended that dynamic, increasing calls for changes at the top. "It's never an issue until things go wrong," said Pivotal Research Group analyst Brian Wieser...Fri, 27 Jul 2018 23:11:52 -0400http://news.boardprospects.com/articles/3183286/facebook-dive-sparks-investor-calls-to-loosen-zuck/BoardNews
<p>Facebook Inc. has always had one absolute leader, cemented by a share class structure that maintained Mark Zuckerberg&rsquo;s voting control even when he sold millions of shares. Some investors grumbled, but most were happy to stay quiet as the stock surged. This week&rsquo;s plunge upended that dynamic, increasing calls for changes at the top. &ldquo;It&rsquo;s never an issue until things go wrong,&rdquo; said Pivotal Research Group analyst Brian Wieser...</p>
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Scott DeveauBloombergPaulson Seeks to Replace Entire Detour Gold Boardhttp://news.boardprospects.com/articles/3182742/paulson-seeks-to-replace-entire-detour-gold-board/Activist investor Paulson & Co. Inc. has nominated a slate of eight directors to replace the entire board of Canadian miner Detour Gold Corp. The hedge fund run by billionaire John Paulson, which said it owns a 5.4 percent stake in Toronto-based Detour, has formally called for a meeting of shareholders to elect its slate no later than Sept. 28...Thu, 26 Jul 2018 18:25:35 -0400http://news.boardprospects.com/articles/3182742/paulson-seeks-to-replace-entire-detour-gold-board/BoardNews
<p>Activist investor Paulson &amp; Co. Inc. has nominated a slate of eight directors to replace the entire board of Canadian miner Detour Gold Corp. The hedge fund run by billionaire John Paulson, which said it owns a 5.4 percent stake in Toronto-based Detour, has formally called for a meeting of shareholders to elect its slate no later than Sept. 28...</p>
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Matthew DeBordmattdebordBusiness InsiderFormer FCA and Ferrari CEO Sergio Marchionne, a Legend of the Modern Auto Industry, Has Died at 66http://news.boardprospects.com/articles/3178773/former-fca-and-ferrari-ceo-sergio-marchionne-a-leg/Former FCA and Ferrari CEO Sergio Marchionne has died at age 66. He had reportedly been in a coma in intensive care at a hospital in Zurich after complications from surgery. The boards of FCA and Ferrari named his replacements following emergency meetings over the weekend. Marchionne was an auto industry legend, leading a turnaround at Fiat and taking Chrysler from bankruptcy to renewed prosperity...Wed, 25 Jul 2018 09:58:55 -0400http://news.boardprospects.com/articles/3178773/former-fca-and-ferrari-ceo-sergio-marchionne-a-leg/BoardNews
<ul>
<li>Former FCA and Ferrari CEO Sergio Marchionne has died at age 66.</li>
<li>He had reportedly been in a coma in intensive care at a hospital in Zurich after complications from surgery.</li>
<li>The boards of FCA and Ferrari named his replacements following emergency meetings over the weekend.</li>
<li>Marchionne was an auto industry legend, leading a turnaround at Fiat and taking Chrysler from bankruptcy to renewed prosperity...</li>
</ul>
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Graham Rapier (grapier@businessinsider.com)finanzen.net GmbHStock Market Data Today'It is a Full Blown War Going On': The CEO of MoviePass' Parent Company Wants to Use its Subscribers as an Army Against Traditional Theatershttp://news.boardprospects.com/articles/3177449/it-is-a-full-blown-war-going-on-the-ceo-of-moviepa/HMNY, which owns 92% of MoviePass, doubled down on the company's bet against traditional theaters on Monday. "Make no bones about it, it is a full blown war going on," CEO Ted Farnsworth told shareholders at a special meeting. Investors approved two proposals at the meeting that could help the company avoid being booted from the Nasdaq stock exchange...Tue, 24 Jul 2018 12:20:52 -0400http://news.boardprospects.com/articles/3177449/it-is-a-full-blown-war-going-on-the-ceo-of-moviepa/BoardNews
<ul>
<li>HMNY, which owns 92% of MoviePass, doubled down on the company's bet against traditional theaters on Monday.</li>
<li>"Make no bones about it, it is a full blown war going on," CEO Ted Farnsworth told shareholders at a special meeting.</li>
<li>Investors approved two proposals at the meeting&nbsp;that could help the company avoid being booted from the Nasdaq stock exchange...</li>
</ul>
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ReutersUKuk.reuters.comUK's Mears to Consider Activist Candidate for Chairmanhttp://news.boardprospects.com/articles/3177323/uk-s-mears-to-consider-activist-candidate-for-chai/LONDON (Reuters) - Britain's Mears Group ( MERG.L ) on Tuesday said it would now consider activist investor Shareholder Value Management's (SVM) preferred candidate to replace Chairman Bob Holt, after previously rejecting its plans...Tue, 24 Jul 2018 10:48:51 -0400http://news.boardprospects.com/articles/3177323/uk-s-mears-to-consider-activist-candidate-for-chai/BoardNews
<p>LONDON (Reuters) - Britain&rsquo;s Mears Group ( MERG.L ) on Tuesday said it would now consider activist investor Shareholder Value Management&rsquo;s (SVM) preferred candidate to replace Chairman Bob Holt, after previously rejecting its plans...</p>
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The Washington PostBritain's Non-Executive Club Needs New Membershttp://news.boardprospects.com/articles/3175086/britains-non-executive-club-needs-new-members/Britain's accounting watchdog is in the strange position of updating the country's corporate governance code while simultaneously fighting for its life.The Financial Reporting Council is reeling from the collapse of Carillion Plc earlier this year. The construction firm's demise exposed a host of governance failings: auditors missed red flags in the accounts, the board failed to challenge management, and investors waved through fat pay packets and juicy dividends...Mon, 23 Jul 2018 08:42:32 -0400http://news.boardprospects.com/articles/3175086/britains-non-executive-club-needs-new-members/BoardBlogs
<p>Britain&rsquo;s accounting watchdog is in the strange position of updating the country&rsquo;s corporate governance code while simultaneously fighting for its life.The Financial Reporting Council is reeling from the collapse of Carillion Plc earlier this year. The construction firm&rsquo;s demise&nbsp;exposed a host of governance failings: auditors missed red flags in the accounts, the board failed to challenge management, and investors waved through fat pay packets and juicy dividends...</p>
<p><img src="https://d112vpovu2xa8r.cloudfront.net/portal_boardprospects_hivefire_com/media/WWbVqLeCNmc6Smj_100x100.jpeg"/></p>
businesswire.comEverbridge Appoints iRobot Chief Financial Officer Alison Dean to Board of Directorshttp://news.boardprospects.com/articles/3168384/everbridge-appoints-irobot-chief-financial-officer/Everbridge Appoints iRobot Chief Financial Officer Alison Dean to Board of ... the appointment of Alison Dean to the Everbridge Board of Directors...Thu, 19 Jul 2018 01:00:00 -0400http://news.boardprospects.com/articles/3168384/everbridge-appoints-irobot-chief-financial-officer/BoardMoves
<p>Everbridge Appoints iRobot Chief Financial Officer Alison Dean to Board of ... the appointment of Alison Dean to the Everbridge Board of Directors...</p>
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businesswire.comClarizen Adds Former HP CIO Naresh Shanker to Its Board of Directorshttp://news.boardprospects.com/articles/3168372/clarizen-adds-former-hp-cio-naresh-shanker-to-its-/SAN MATEO, Calif.--(BUSINESS WIRE)--Clarizen, the global leader in enterprise collaborative work management, today announced that Naresh ...Thu, 19 Jul 2018 01:00:00 -0400http://news.boardprospects.com/articles/3168372/clarizen-adds-former-hp-cio-naresh-shanker-to-its-/BoardMoves
<p>SAN MATEO, Calif.--(BUSINESS WIRE)--Clarizen, the global leader in enterprise collaborative work management, today announced that Naresh&nbsp;...</p>
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ReutersUKuk.reuters.com'Medical Check-Ups': Japan Firms Tap Banks for Advice as Activists Circlehttp://news.boardprospects.com/articles/3168777/medical-check-ups-japan-firms-tap-banks-for-advice/(Reuters) - Japanese companies are increasingly turning to investment banks and public relations firms for advice on dealing with potential approaches by activist investors who are targeting low valuations and cross-shareholdings in the nation...Thu, 19 Jul 2018 23:55:42 -0400http://news.boardprospects.com/articles/3168777/medical-check-ups-japan-firms-tap-banks-for-advice/BoardNews
<p>(Reuters) - Japanese companies are increasingly turning to investment banks and public relations firms for advice on dealing with potential approaches by activist investors who are targeting low valuations and cross-shareholdings in the nation...</p>
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Nils Pratleytheguardian.comThe Lesson for Elon Musk? Don't Rely on Fan Club Directors | Nils Pratley | Businesshttp://news.boardprospects.com/articles/3167197/the-lesson-for-elon-musk-don-t-rely-on-fan-club-di/Elon Musk has come to his senses and apologised for his ugly and baseless slur against a British cave explorer who played a key role in the rescue in Thailand. The Tesla founder couldn't resist taking a final dig at Vernon Unsworth – he said the diver had told "several untruths and suggested I engage in a sexual act with the mini [submarine]" – but at least Musk acknowledged he has nobody to blame but himself. "The fault is mine and mine alone," he said in a tweet...Wed, 18 Jul 2018 21:29:21 -0400http://news.boardprospects.com/articles/3167197/the-lesson-for-elon-musk-don-t-rely-on-fan-club-di/BoardBlogs
<p>Elon Musk has come to his senses and apologised for his ugly and baseless slur against a British cave explorer who played a key role in the rescue in Thailand. The Tesla founder couldn&rsquo;t resist taking a final dig at Vernon Unsworth &ndash; he said the diver had told &ldquo;several untruths and suggested I engage in a sexual act with the mini [submarine]&rdquo; &ndash; but at least Musk acknowledged he has nobody to blame but himself. &ldquo;The fault is mine and mine alone,&rdquo; he said in a tweet...</p>
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4-traders : one website, all marketsOwens Realty Mortgage Stacks the Board and Deprives Shareholders of Their Vote, According to Hovde Capitalhttp://news.boardprospects.com/articles/3164858/owens-realty-mortgage-stacks-the-board-and-deprive/Hovde Capital calls for a Stop to the Governance Abuses of ORM through management's use of stall tactics to prevent shareholders from exercising their right to vote. Hovde Capital Advisors issued the following statement: At the Owens Realty Mortgage, Inc. (NYSEAM: ORM) annual meeting of shareholders held on Monday July 16, 2018, the Company announced two unnamed directors would be appointed to the Company's board, bypassing shareholders' most basic right of having the ability to elect their directors. ORM's board has now added three new directors in the midst of a proxy contest, an unheard-of practice. Further ...Tue, 17 Jul 2018 19:47:01 -0400http://news.boardprospects.com/articles/3164858/owens-realty-mortgage-stacks-the-board-and-deprive/BoardNews
<p>Hovde Capital calls for a Stop to the Governance Abuses of ORM through management&rsquo;s use of stall tactics to prevent shareholders from exercising their right to vote. Hovde Capital Advisors issued the following statement: At the Owens Realty Mortgage, Inc. (NYSEAM: ORM) annual meeting of shareholders held on Monday July 16, 2018, the Company announced two unnamed directors would be appointed to the Company&rsquo;s board, bypassing shareholders&rsquo; most basic right of having the ability to elect their directors. ORM&rsquo;s board has now added three new directors in the midst of a proxy contest, an unheard-of practice. Further ...</p>
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30PercentCoPress Release DistributionThe Thirty Percent Coalition Commends 38 New Companies Adding Women to their Boards of Directors during 2018 Adopt a Company Campaignhttp://news.boardprospects.com/articles/3163971/the-thirty-percent-coalition-commends-38-new-compa/Representing $3.5 trillion in assets under management, the institutional investor members of the Thirty Percent Coalition continue to collaboratively promote diversity in the US corporate boardroom. With the addition of 38 companies adding a woman to their board during the past proxy season...Tue, 17 Jul 2018 01:00:00 -0400http://news.boardprospects.com/articles/3163971/the-thirty-percent-coalition-commends-38-new-compa/BoardNews
<p><span>Representing $3.5 trillion in assets under management, the institutional investor members of the Thirty Percent Coalition continue to collaboratively promote diversity in the US corporate boardroom. With the addition of 38 companies adding a woman to their board during the past proxy season...</span></p>
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AktienSEC Charges Oil Company CEO, Board Member With Hiding Personal Loanshttp://news.boardprospects.com/articles/3162967/sec-charges-oil-company-ceo-board-member-with-hidi/The Securities and Exchange Commission today charged the former CEO of Energy XXI Ltd. with hiding more than $10 million in personal loans that he obtained from company vendors and a candidate for Energy XXI's board...Mon, 16 Jul 2018 19:52:00 -0400http://news.boardprospects.com/articles/3162967/sec-charges-oil-company-ceo-board-member-with-hidi/BoardNews
<p>The Securities and Exchange Commission today charged the former CEO of Energy XXI Ltd. with hiding more than $10 million in personal loans that he obtained from company vendors and a candidate for Energy XXI's board...</p>
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Bryan Logan (blogan@businessinsider.com)BWLoganBusiness InsiderOne of Tesla's Largest Shareholders is Urging Elon Musk to Simmer Down and Focus After a Tumultuous Few Weekshttp://news.boardprospects.com/articles/3153585/one-of-tesla-s-largest-shareholders-is-urging-elon/Baillie Gifford, Tesla's fourth-largest shareholder, says it wants Elon Musk to put away the distractions and focus. James Anderson, a partner and portfolio manager at the asset management firm, pointed to the turmoil surrounding the Tesla CEO, including his public rants in recent weeks. Musk has targeted reporters and news outlets over troubling news about Tesla Model 3 production and internal struggles at the company. Those rants have prompted some fallout...Thu, 12 Jul 2018 08:25:55 -0400http://news.boardprospects.com/articles/3153585/one-of-tesla-s-largest-shareholders-is-urging-elon/BoardNews
<ul>
<li>Baillie Gifford, Tesla's fourth-largest shareholder, says it wants Elon Musk to put away the distractions and focus.</li>
<li>James Anderson, a partner and portfolio manager at the asset management firm, pointed to the turmoil surrounding the Tesla CEO, including his public rants in recent weeks. Musk has targeted reporters and news outlets over troubling news about Tesla Model 3 production and internal struggles at the company. Those rants have prompted some fallout...</li>
</ul>
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Reutersreuters.comU.S. Regulator Shelves Reform on Voting in Board Fightshttp://news.boardprospects.com/articles/3152052/u-s-regulator-shelves-reform-on-voting-in-board-fi/NEW YORK/WASHINGTON (Reuters) - The U.S. securities regulator has shelved a proposed Obama-era reform that would have given shareholders in companies more freedom to vote for their preferred candidates during contested board elections, people with direct knowledge of the matter told Reuters...Wed, 11 Jul 2018 06:53:30 -0400http://news.boardprospects.com/articles/3152052/u-s-regulator-shelves-reform-on-voting-in-board-fi/BoardNews
<p>NEW YORK/WASHINGTON (Reuters) - The U.S. securities regulator has shelved a proposed Obama-era reform that would have given shareholders in companies more freedom to vote for their preferred candidates during contested board elections, people with direct knowledge of the matter told Reuters...</p>
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businesswire.comPitney Bowes Appoints Two New Members to its Board of Directorshttp://news.boardprospects.com/articles/3151556/pitney-bowes-appoints-two-new-members-to-its-board/STAMFORD, Conn.--(BUSINESS WIRE)--Pitney Bowes (NYSE: PBI), a global technology company that provides commerce solutions in the areas of ...Tue, 10 Jul 2018 01:00:00 -0400http://news.boardprospects.com/articles/3151556/pitney-bowes-appoints-two-new-members-to-its-board/BoardMoves
<p>STAMFORD, Conn.--(BUSINESS WIRE)--Pitney Bowes (NYSE: PBI), a global technology company that provides commerce solutions in the areas of&nbsp;...</p>
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businesswire.comAtlas Financial Appoints Ronald Konezny to Its Board of Directorshttp://news.boardprospects.com/articles/3150932/atlas-financial-appoints-ronald-konezny-to-its-boa/Atlas Chairman Gordon G. Pratt said, "We are so pleased to welcome Ronald Konezny to our Board of Directors . An early pioneer and entrepreneur in ...Tue, 10 Jul 2018 01:00:00 -0400http://news.boardprospects.com/articles/3150932/atlas-financial-appoints-ronald-konezny-to-its-boa/BoardMoves
<p>Atlas Chairman Gordon G. Pratt said, &ldquo;We are so pleased to welcome Ronald Konezny to our Board of Directors . An early pioneer and entrepreneur in&nbsp;...</p>
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Yahoo FinanceShareholders Back Calls for Premier Foods Chief to Gohttp://news.boardprospects.com/articles/3146947/shareholders-back-calls-for-premier-foods-chief-to/The future of Premier Foods boss Gavin Darby is looking increasingly uncertain this weekend after two of the company's biggest shareholders backed an aggressive campaign to oust him...Sat, 07 Jul 2018 20:00:00 -0400http://news.boardprospects.com/articles/3146947/shareholders-back-calls-for-premier-foods-chief-to/BoardNews
<p>The future of Premier Foods boss Gavin Darby is looking increasingly uncertain this weekend after two of the company&rsquo;s biggest shareholders backed an aggressive campaign to oust him...</p>
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Lynn ThomassonWilliam WilkesBloombergBreaking News: Thyssenkrupp CEO Resigns After Activist Shareholder Pressurehttp://news.boardprospects.com/articles/3142750/breaking-news-thyssenkrupp-ceo-resigns-after-activ/Twitter Thyssenkrupp AG Chief Executive Officer Heinrich Hiesinger resigned days after the company inked a deal for a European steel joint venture that faced fierce investor opposition. "Today I informed the Supervisory Board that I would like to step down from my position," Hiesinger said in a statement on Thursday. Hiesinger's leadership at Thyssenkrupp had been marked by criticism for the company's declining revenue, rising costs and a declining stock price...Thu, 05 Jul 2018 16:43:44 -0400http://news.boardprospects.com/articles/3142750/breaking-news-thyssenkrupp-ceo-resigns-after-activ/BoardNews
<p>Twitter Thyssenkrupp AG Chief Executive Officer Heinrich Hiesinger resigned days after the company inked a deal for a European steel joint venture that faced fierce investor opposition. &ldquo;Today I informed the Supervisory Board that I would like to step down from my position,&rdquo; Hiesinger said in a statement on Thursday. Hiesinger&rsquo;s leadership at Thyssenkrupp had been marked by criticism for the company&rsquo;s declining revenue, rising costs and a declining stock price...</p>
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businesswire.comGlobal Partners Announces the Appointment of John T. Hailer to Its Board of Directorshttp://news.boardprospects.com/articles/3139759/global-partners-announces-the-appointment-of-john-/WALTHAM, Mass.--(BUSINESS WIRE)--Global Partners LP (NYSE: GLP) today announced the appointment of John T. Hailer, former President and ...Tue, 03 Jul 2018 01:00:00 -0400http://news.boardprospects.com/articles/3139759/global-partners-announces-the-appointment-of-john-/BoardMoves
<p>WALTHAM, Mass.--(BUSINESS WIRE)--Global Partners LP (NYSE: GLP) today announced the appointment of John T. Hailer, former President and&nbsp;...</p>
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Reutersreuters.comInvestor Elliott Urges Germany's GEA Group to Appoint CEOhttp://news.boardprospects.com/articles/3137374/investor-elliott-urges-germany-s-gea-group-to-appo/(Reuters) - Activist shareholder Elliott called on GEA Group to appoint a new chief executive quickly, replace Chairman Helmut Perlet and buy back shares, adding to pressure for speedy and sweeping changes at the German food processing company...Mon, 02 Jul 2018 13:01:10 -0400http://news.boardprospects.com/articles/3137374/investor-elliott-urges-germany-s-gea-group-to-appo/BoardNews
<p>(Reuters) - Activist shareholder Elliott called on GEA Group to appoint a new chief executive quickly, replace Chairman Helmut Perlet and buy back shares, adding to pressure for speedy and sweeping changes at the German food processing company...</p>
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wsj.comPay for Big-Company Directors Tops $300,000http://news.boardprospects.com/articles/3132510/pay-for-big-company-directors-tops-300000/Compensation for directors of large U.S. companies continues to creep upward, with half paying a typical board member $300,000 or more last year, a new study finds. Median pay for the non-management directors of 100 of the largest U.S. companies rose 3.4% from $290,000 in 2016...Fri, 29 Jun 2018 18:46:53 -0400http://news.boardprospects.com/articles/3132510/pay-for-big-company-directors-tops-300000/BoardNews
<p>Compensation for directors of large U.S. companies continues to creep upward, with half paying a typical board member $300,000 or more last year, a new study finds.</p>
<p>Median pay for the non-management directors of 100 of the largest U.S. companies rose 3.4% from $290,000 in 2016...</p>
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Patrick HatchSydney Morning HeraldEx-Wesfarmers Boss Richard Goyder to Take Over as Qantas Chairmanhttp://news.boardprospects.com/articles/3130990/ex-wesfarmers-boss-richard-goyder-to-take-over-as-/The elevation of former Wesfarmers boss Richard Goyder to the head of the Qantas board has sparked questions over how he will juggle his workload, which includes running the AFL and serving as chairman for $33 billion gas giant Woodside Petroleum. Richard Goyder...Thu, 28 Jun 2018 09:21:22 -0400http://news.boardprospects.com/articles/3130990/ex-wesfarmers-boss-richard-goyder-to-take-over-as-/BoardNews
<p>The elevation of former Wesfarmers boss Richard Goyder to the head of the Qantas board has sparked questions over how he will juggle his workload, which includes running the AFL and serving as chairman for $33 billion gas giant Woodside Petroleum. Richard Goyder...</p>
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Cleveland Business NewsRPM International Enters Pact With Activist Investorhttp://news.boardprospects.com/articles/3129409/rpm-international-enters-pact-with-activist-invest/As part of a "commitment to good corporate governance ," RPM will "approve and recommend amendments to its amended and restated certificate of ...Thu, 28 Jun 2018 15:49:08 -0400http://news.boardprospects.com/articles/3129409/rpm-international-enters-pact-with-activist-invest/BoardNews
<p>As part of a "commitment to good corporate governance ," RPM will "approve and recommend amendments to its amended and restated certificate of&nbsp;...</p>
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Reutersreuters.comIcahn Cuts Stake in Cheniere Energy, Says Confident on Managementhttp://news.boardprospects.com/articles/3128668/icahn-cuts-stake-in-cheniere-energy-says-confident/(Reuters) - Activist investor Carl Icahn said on Thursday he had reduced his stake in liquefied natural gas exporter Cheniere Energy Inc ( LNG.A ) to 9.5 percent, but added that he was confident in the company's management and Chief Executive Officer Jack Fusco...Thu, 28 Jun 2018 13:38:14 -0400http://news.boardprospects.com/articles/3128668/icahn-cuts-stake-in-cheniere-energy-says-confident/BoardNews
<p>(Reuters) - Activist investor Carl Icahn said on Thursday he had reduced his stake in liquefied natural gas exporter Cheniere Energy Inc ( LNG.A ) to 9.5 percent, but added that he was confident in the company&rsquo;s management and Chief Executive Officer Jack Fusco...</p>
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4-traders : one website, all marketsNaspers Says it Has Made Changes to its Remuneration Policyhttp://news.boardprospects.com/articles/3126059/naspers-says-it-has-made-changes-to-its-remunerati/After nearly two-thirds of ordinary shareholders voted against Naspers' executive pay policy in 2017 , CEO Bob van Dijk said on Monday management had taken investor concerns into account and made changes to the policy...Tue, 26 Jun 2018 18:28:11 -0400http://news.boardprospects.com/articles/3126059/naspers-says-it-has-made-changes-to-its-remunerati/BoardNews
<p>After nearly two-thirds of ordinary shareholders voted against Naspers&rsquo; executive pay policy in 2017 , CEO Bob van Dijk said on Monday management had taken investor concerns into account and made changes to the policy...</p>
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Reutersreuters.comActivist investor Icahn Raises Stake in Oil Producer Energenhttp://news.boardprospects.com/articles/3125172/activist-investor-icahn-raises-stake-in-oil-produc/June 26, 2018 / 10:44 AM / in 31 minutes Activist investor Icahn raises stake in oil producer Energen Reuters Staff 1 Min Read (Reuters) - Activist investor Carl Icahn boosted his stake in Energen Corp ( EGN.N ), a filing showed on Tuesday, as he eyes a potential takeover of the oil and gas producer...Tue, 26 Jun 2018 11:37:42 -0400http://news.boardprospects.com/articles/3125172/activist-investor-icahn-raises-stake-in-oil-produc/BoardNews
<p>June 26, 2018 / 10:44 AM / in 31 minutes Activist investor Icahn raises stake in oil producer Energen Reuters Staff 1 Min Read (Reuters) - Activist investor Carl Icahn boosted his stake in Energen Corp ( EGN.N ), a filing showed on Tuesday, as he eyes a potential takeover of the oil and gas producer...</p>
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